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US Market Closed: May 26, 00:40 AM 2012  
BAX COV TMO BDX BCR CFN 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for DNO and HARITASEA ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Domino Printing Sciences PLC  and   Harita Seating Systems Ltd.
Check Correlation Matrix  
Daily Returns (%)
DNO  HARITASEA  
Timeline
Assuming 30 trading days horizon, Domino Printing Sciences PLC is expected to under-perform the Harita. But the stock apears to be less risky and, when comparing its historical volatility, Domino Printing Sciences PLC is 3.19 times less risky than Harita. The stock trades about -0.41 of its potential returns per unit of risk. The Harita Seating Systems Ltd. is currently generating about -0.03 of returns per unit of risk over similar time horizon. If you would invest 12,600 in Harita Seating Systems Ltd. on April 25, 2012 and sell it today you would lose (400.00) from holding Harita Seating Systems Ltd. or give up 3.17% of portfolio value over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Domino Printing Sciences PLC and Harita Seating Systems Ltd. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.44
 Parameters
Time Period1 Month [change]
DirectionNegative DNO.L Moved Down vs HARITASEA.BO
StrengthVery Weak
Accuracy84.21%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
DNO  HARITASEA  

Domino Printing Sciences PLC

 
    
    
Domino
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Domino Printing Sciences PLC has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Harita Seating Systems Ltd.

 
    
    
Harita
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Harita Seating Systems Ltd. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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